United Expands Advisory Services with $2 Billion RIA Acquisition

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United Community Banks is expanding its Advisory Services division by acquiring FinTrust Capital Partners in Greenville, South Carolina. According to the release, FinTrust managed about $2 billion across its advisory, retirement planning and brokerage businesses as of the end of Q1. United's board of directors has approved the deal, which is expected to close in the third quarter this year.